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Message-ID: <20190915221058.GA26385@telecom.csail.mit.edu>
Date: Sun, 15 Sep 2019 22:10:58 +0000
From: Bill Horne <bill@horneQRM.net>
Subject: 20,000 AT&T workers in the South went on strike - and won
By Carly Berlin
Just ahead of Labor Day, AT&T workers participated in the
South's largest private-sector strike in a decade.
Over 20,000 AT&T Southeast workers went on strike in nine Southern
states beginning August 23, protesting unfair labor practices
committed by AT&T management during contract negotiations, the
Communications Workers of America announced in a press release.
https://www.scalawagmagazine.org/2019/09/att-strike/
--
Bill Horne
(Remove QRM from my email address to write to me directly)
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Message-ID: <20190915215547.GA26167@telecom.csail.mit.edu>
Date: Sun, 15 Sep 2019 21:55:47 +0000
From: Bill Horne <bill@horneQRM.net>
Subject: Stay out of AT&T's - and CNN's - business, Mr. President
ONE OF Wall Street's biggest hedge funds, Elliott Management Corp.,
led by the billionaire investor Paul Singer, has the conglomerate AT&T
in its crosshairs. The hedge fund, with $38 billion under management,
disclosed it has acquired $3.2 billion of AT&T and is launching a
campaign to shake up the company. This is a tactic used by activist
investors who seek to change underperforming companies by slicing
costs, divesting non-core assets and streamlining bureaucracy, among
other things.
A letter from Elliott calls on AT&T to make significant
changes. Notably, the letter questions the logic of AT&T's $106
billion acquisition of Time Warner in 2016, a merger the Trump
administration tried in vain to stop. Elliot Management says, "AT&T
has yet to articulate a clear strategic rationale for why AT&T needs
to own Time Warner," and "we remain cautious on the benefits of this
combination." The hedge fund calls on AT&T to review assets for
possible divestiture.
https://www.washingtonpost.com/opinions/stay-out-of-atandts--and-cnns--business-mr-president/2019/09/13/3f42efc8-d4bf-11e9-86ac-0f250cc91758_story.html?noredirect=on
--
Bill Horne
(Remove QRM from my email address to write to me directly)
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Message-ID: <35A6BC3C-216E-4F5D-9D55-E18CC2A8038F@roscom.com>
Date: 14 Sep 2019 22:46:15 -0400
From: "Monty Solomon" <monty@roscom.com>
Subject: There Is No Tech Backlash
There Is No Tech Backlash
Worse, we think there is one.
By Rob Walker
It's fun, and increasingly fashionable, to complain about
technology. Our own devices distract us, others' devices spy on us,
social media companies poison public discourse, new wired objects
violate our privacy, and all of this contributes to a general sense of
runaway change careening beyond our control. No wonder there's a tech
backlash.
https://www.nytimes.com/2019/09/14/opinion/tech-backlash.html
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End of telecom Digest Mon, 16 Sep 2019